Tax Documents

There have been numerous changes happening with the SBA loans with regards to Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The link below provides the “Interim Final Rule” which announces that Section 1102 of the Act temporarily adds the “Paycheck Protection Program” (PPP) to the

Fast on the heels of passing the Families First Coronavirus Response Act (a law which ensures paid sick leave and unemployment benefits for employees affected by the COVID-19 pandemic along with payroll tax credits for affected employers), Congress passed and the President signed the CARES Act—a massive

Treasury, IRS and Labor announce plan to implement Coronavirus-related paid leave for workers and tax credits for small and midsize businesses to swiftly recover the cost of providing Coronavirus-related leave IR-2020-57, March 20, 2020 WASHINGTON — Today the U.S. Treasury Department, Internal Revenue Service (IRS), and the

Relief for Taxpayers Affected by Ongoing Coronavirus Disease 2019 Pandemic Notice 2020-17; Payment relief on account of Coronavirus Disease 2019 (COVID-19) emergency. The Treasury Department and IRS are extending the due date for Federal income tax payments due April 15, 2020, to July 15, 2020, for payments

Final regulations confirm: Making large gifts now won’t harm estates after 2025 IR-2019-189, November 22, 2019 WASHINGTON — The Treasury Department and the Internal Revenue Service today final regulations confirming that individuals taking advantage of the increased gift and estate tax exclusion amounts in effect from 2018